The soap industry consists of several firms. Firm X produces a small percentage of total output.
What is likely to cause the supply curve for firm X to shift to the right while the market supply curve shifts to the left?
Firm X has improved technology while other firms have higher input costs.
2 )
Firm X has to pay a large fine for polluting a river while other firms have a tax reduction.
3 )
Firm X is involved in a strike while other firms enter the industry.
4 )
Firm X’s rent and interest charges increase while other firms receive a government subsidy.
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